401(k) · DOL Form 5500 · 2024

Genmab US, Inc. 401(k) Plan

Data updated 2026-08-11

$137M
Total assets
865
Participants
92nd
Percentile by assets
$158,681
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Genmab US, Inc. 401(k) Plan · Sponsored by Genmab US, Inc. · New Jersey · Manufacturing

$137M in assets, 865 participants

Genmab US, Inc.'s Genmab US, Inc. 401(k) Plan reported $137M in total assets and 865 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 92nd percentile by assets (of 123,622 plans)
  • #15,763 in Manufacturing (17,777 peers)

Where Genmab US, Inc. 401(k) Plan sits by assets

Genmab US, Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $137M for 865 participants (~$158,681/participant), up 61.9% in 2024.

$137M
total plan assets (2024 EOY)
865
covered participants
92nd
percentile by assets (of 123,622 plans)
$158,681
avg assets per participant

Where Genmab US, Inc. 401(k) Plan sits by total assets

Genmab US, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$137,258,783 Top 8% higher than 92% of 123,620 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Genmab US, Inc. 401(k) Plan end-of-year assets rose from $85M in the plan year 2023 filing to $137M in the plan year 2024 filing.
  • Genmab US, Inc. 401(k) Plan reported participants rose from 651 in the plan year 2023 filing to 865 in the plan year 2024 filing.
  • Genmab US, Inc. 401(k) Plan reported net income rose from $41M in the plan year 2023 filing to $52M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
New Jersey
Industry
Manufacturing

Genmab US, Inc. 401(k) Plan vs the 2024 asset distribution

By assets, Genmab US, Inc. 401(k) Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$137M
Net Income$52M
Employer EIN262011084
Plan Effective Date2008-03-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Genmab US, Inc.)

$0M$50M$100M$150M 202220232024 $43.7M $137M ▲ +214.1%
Total plan assets by year, all Genmab US, Inc. plans on file
Year Plans Participants Total Assets
2022 1 421 $44M
2023 1 651 $85M
2024 1 865 $137M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Genmab US, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Genmab US, Inc. 401(…, Total assets ($B): 0.137258783 · Participants: 865Genmab US, Inc. 401(…JPMorgan Chase 401(k…, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k…Verizon Savings Plan…, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan…Johnson and Johnson …, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson …Ernst & Young Retire…, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retire…Merck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Genmab US, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Genmab US, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Genmab US, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Genmab US, Inc. 401(k) Plan assets move in 2024? ▼
Genmab US, Inc. 401(k) Plan surged - up 61.9% during 2024, from $85M to $137M. Reported net income was $52M.
How have Genmab US, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Genmab US, Inc.'s sponsor-wide assets grew 214.1%, from $44M to $137M.
Where does Genmab US, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Genmab US, Inc. 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Genmab US, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Alliant Credit Union 401(k) Plan in IL ($137M, 862 participants).

Next read for Genmab US, Inc. 401(k) Plan

Scale reading

Ways to act on Genmab US, Inc. 401(k) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 262011084.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.